BRIEFLY

Banking & Finance

UBS to Name 5 Managing Directors: UBS Securities, a unit of Union Bank of Switzerland, will announce today the appointments of five former Salomon Brothers Inc. investment bankers to the posts, a UBS official said. The new hires include Salomon's former investment banking chief, Richard J. Barrett, who, along with Salomon Managing Director Robert A. Nau, Gerard L. Smith and Brenda White, left the firm within the past week. Alan Ginsberg, another banker who was expected to become a managing director this year, also resigned.